Chesapeake, Awaiting FTC's OK, Plots Southwestern Integration
While the Federal Trade Commission reviews Chesapeake Energy's $7.4 billion deal for Southwestern Energy, the two companies are already aligning organizational design, work practices and processes and data infrastructure while waiting for federal approvals, COO Josh Viets told Hart Energy.
Enbridge Sells Off NGL Pipeline, Assets to Pembina for $2.9B
With its deal to buy Enbridge’s NGL assets closed, Canada's Pembina Pipeline raised EBITDA guidance for 2024.
Exclusive: TES CEO Sees Electric Natural Gas as a Trillion Dollar Market
Marco Alverà, the co-founder and CEO of TES, details how electric natural gas from green hydrogen is a cheaper and easier to produce fuel and shares insight on its e-NG partnership with TotalEnergies, in this Hart Energy Exclusive.
Energy Transition in Motion (Week of March 22, 2024)
Here is a look at some of this week’s renewable energy news, including a new modeling tool for superhot rock.
CERAWeek: BP Could Sanction GoM’s Kaskida this Year, CEO Says
BP Plc is eyeing the sanction of its Kaskida deepwater project in the Gulf of Mexico in 2024, the company’s CEO Murray Auchincloss said during CERAWeek by S&P Global.
Enbridge Fortifies Dominant Role in Corpus Christi Crude Transport
Colin Gruending, Enbridge executive vice president and president for liquids pipelines told Hart Energy the company’s holdings in South Texas are akin to a “catcher’s mitt” for Permian and Haynesville production.
PrairieSky Royalty Declares Quarterly Cash Dividend
PrairieSky’s dividend is payable April 15 to shareholders of record by March 28.
TC Energy's Keystone Oil Pipeline Offline Due to Operational Issues, Sources Say
TC Energy's Keystone oil pipeline is offline due to operational issues, cutting off a major conduit of Canadian oil to the U.S.
Enbridge Announces $500MM Investment in Gulf Coast Facilities
Enbridge’s 2024 budget will go primarily towards crude export and storage, advancing plans that see continued growth in power generated by natural gas.
Sempra Targets Summer 2025 for Commercial Start of ECA LNG Phase 1
Sempra is targeting the summer of 2025 as the commercial operations date for its 3.25 mtpa (0.43 Bcf/d) nameplate capacity Energía Costa Azul LNG Phase 1 project, located in Ensenada in Baja California, Mexico.